Use a calculator for this exercise. Suppose you decide to obtain a four-year lease for a car and negotiate a selling price of $27,800. The trade-in value of your old car is $3850. If you make a down payment of $1800, the money factor is 0.0026, and the residual value is $12,000, find each of the following. (Round your answers to the nearest cent.)

(a) The net capitalized cost $ (b) The average monthly finance charge $ (c) The average monthly depreciation $ (d) The monthly lease payment $